(DCNF)—Union workers in the automobile and steel industry said Wednesday that President Donald Trump’s tariffs on foreign imports is a “very positive thing” for their industries.
Trump announced that the U.S. will be imposing reciprocal tariffs, including a 25% tax on imported automobiles, on nations that have placed taxes on American goods in hopes of returning manufacturing jobs to the U.S. In response, James Benson Jr., an auto worker from Michigan, and Indiana steelworker Matt Novak both expressed optimism about their industries due to the tariffs.
“[I’m] very excited about it,” Novak told Fox Business host Elizabeth MacDonald on “The Evening Edit.” “And a lot of my brother and sister steelworkers are very excited about it because we saw what it did in 2018. It definitely made a difference in the market, it held back all the influx of everything coming over from everywhere else. It saved a lot of jobs. It did a lot of good for us. As an American, just as a country, it did a lot, but for the steel industry, it definitely helped us.”
Benson said that himself and others in his industry struggled to find work under Democrat leadership because of the number of auto plants that shut down. He credited Trump with returning auto jobs to the U.S. by enacting tougher policies on foreign countries.
“I have 26 years at 8 plants because a lot of those plants closed, and a lot of those plants closed under Democratic leadership. If you can remember, [the North American Trade Agreement] was originally crafted by the Bush family and then turned around, [former President Bill] Clinton signed it into law and it was the biggest bloodbath we ever had in losing our jobs and we never recovered from it.” Benson said. “And Trump is the first time I’ve ever seen a reverse of that and actually seen jobs coming back into our country and better than 65% of the membership support him and probably closer up to 70% now because they’re starting to see results from that.”
Trump said that the tariff on all vehicles and automobile parts imported to the U.S. on Wednesday are meant to protect the auto industry, which he said had “been undermined by excessive imports.”
The automobile worker scoffed at the Democrats’ criticisms of the tariffs, saying that jobs will return to the U.S. in “even bigger numbers” than it did during Trump’s first term. Novak argued that the tariffs will allow for more job creation in the U.S. because there will be less products being imported into the U.S. from overseas.
During the president’s announcement, Auto Workers for Trump leader Brian Pannebecker said union workers in the automobile industry, including Union Auto Workers members, support the president’s tariffs. Novak agreed, arguing that the tariffs will stop the massive influx of auto parts being imported from foreign countries and thus allow for more American manufacturing.
“It increases everything with the steel industry, the aluminum industry, with everybody that applies everything for every vehicle that every American owns, it’s gonna increase,” Novak continued. “It’s gonna create more jobs, it’s gonna be much better. Tax revenue, everything is going to be so much better for all of us and I think it’s a very positive thing.”
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Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.
